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LayerZero apologizes over $292M Kelp DAO rsETH bridge exploit, revises 1/1 DVN stance
LayerZero said Friday it mishandled communications in the three weeks after the April 18 Kelp DAO bridge exploit that drained about $292 million in rsETH. The company also acknowledged it should not have permitted its DVN to operate as a sole verifier for high-value transactions and announced security changes, including ending support for 1/1 DVN configurations.